Tesla Stock Forecast and Long Term Prediction (2022)



Last update: August 22, 2021

TESLA Stock Forecast (TSLA)- Challenging the 2020 high

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride after dropping below the long term support line at the end of February. The price found support around $540 and recovered up above near $780 in mid April.

During May, the support at the March low was tested successful for the time being. In June, the price then moved into position at the high from 2020. This obvious resistance was also approached in the month of August, but could not be overcome. A run-up above this levels could still be possible. On the flip side, a break below $540 would cause additional downward pressure.

Chart of Tesla Stock price - trading at around $680
Tesla Stock Price Forecast – $ 680.26


Last update: July 04, 2021

TESLA Stock Forecast (TSLA)- Established sideways phase continues

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride after dropping below the long term support line at the end of February. The price found support around $540 and recovered up above near $780 in mid April.

During May, the support at the March low was tested successful for the time being. In June, the price then moved into position at the high from 2020. A run-up above this level could now be possible. On the flip side, a break below $540 would cause additional downward pressure.

Chart of Tesla Stock price - trading at around $680
Tesla Stock Price Forecast – $ 678.90

Last update: June 03, 2021

TESLA Stock Forecast (TSLA)- Broad sideways phase seems to establish

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride after dropping below the long term support line at around $750. The price found support around $540 and recovered up above near $780.

During May, the support at the March low was tested successful for the time being. A run-up to new highs could be possible. On the flip side, a break below $540 would cause additional downward pressure.

Screenshot of Tesla Stock price - trading at around $605
Tesla Stock Price Forecast – $ 605.12

Last update: April 25, 2021

TESLA Stock Forecast (TSLA)- Moving sideways at around $730

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride an may now show sideways action.

Falling prices dropped below the long term support line at around $750. Currently the next support level, the 2020 high at $718 is challenged.

A run-up to new highs could be possible. On the flip side, a break below the Sep’20 high would cause additional downward pressure.

Screenshot of Tesla Stock price - trading at around $730
Tesla Stock Price Forecast – $ 729.40

Last update: April 07, 2021

TESLA Stock Forecast (TSLA)- Resistance at around $700

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride an may now show sideways action.

Falling prices dropped below the long term support line at around $750. Also the next support level, the 2020 high at $718 could not withstand and is now challenged as resistance after prices could recover.

Should the resistance be overcome, a run-up to new highs would be possible. On the flip side, a break below the Sep’20 high would cause additional downward pressure.

Screenshot of Tesla Stock price - trading at around $690
Tesla Stock Price Forecast – $ 691.62


Last update: March 31, 2021

TESLA Stock Forecast (TSLA)- Price is around $635

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride an may now show sideways action.

Falling prices dropped below the long term support line at around $750. Also the next support level, the 2020 high at $718 could not withstand and was challenged as resistance after prices could recover.

A break below the Sep’20 high would cause additional downward pressure.

Screenshot of Tesla Stock price - trading at around $635
Tesla Stock Price Forecast – $ 635.62


Last update: March 15, 2021

TESLA Stock Forecast (TSLA)- Price is around $650

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride an may now show sideways action.

Falling prices dropped below the long term support line at around $750. Also the next support level, the 2020 high at $718 could not withstand and is now challenged as resistance after prices could recover.

A break below the Sep’20 high would cause additional downward pressure.

Screenshot of Tesla Stock price - trading at around $650
Tesla Stock Price Forecast – $ 654.87

Last update: March 15, 2021

TESLA Stock Forecast (TSLA)- Price is around $700

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride an may now show sideways action.

Falling prices dropped below the long term support line at around $750. Also the next support level, the 2020 high at $718 could not withstand and is now challenged as resistance after prices could recover.

A break below the Sep’20 high would cause additional downward pressure.

Screenshot of Tesla Stock price - recovered at around $700
Tesla Stock Price Forecast – $ 693.73

Last update: March 07, 2021

TESLA Stock Forecast (TSLA)- Price is around $600

Tesla Stock Forecast: The daily chart of Tesla Stock had a volatile ride an may now show sideways action.

Falling prices dropped below the long term support line at around $750. Also the next support level, the 2020 high at $718 could not withstand.

A break below the Sep’20 high could cause additional downward pressure.

Screenshot of Tesla Stock price - dropped at around $600
Tesla Stock Price Forecast – $ 597,95

Last update: February 12, 2021

TESLA Stock Forecast (TSLA)- Price is around $810

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover. A sideways range has established within the last five weeks.

Falling prices may find first support around the long term support line at around $750. Next support level could be the 2020 high at $718.

Screenshot of Tesla Stock price - sideways at $810
Tesla Stock Price Forecast – $ 811.66

Last update: February 11, 2021

TESLA Stock Forecast (TSLA)- Drop at $800

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover. A sideways range has established within the last five weeks.

Falling prices may find first support around the long term support line at around $750. Next support level could be the 2020 high at $718.

Screenshot of Tesla Stock price - sideways at $800
Tesla Stock Price Forecast – $ 804.82

Last update: February 10, 2021

TESLA Stock Forecast (TSLA)- Sideways phase continues

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover, currently at around $850.

Falling prices may find support around the 2020 high at $718. The long term support line is also at this levels.

Screenshot of Tesla Stock price - sideways at $850
Tesla Stock Price Forecast – $ 849.46

Last update: February 09, 2021

TESLA Stock Forecast (TSLA)- Moving sideways above $850

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover, currently at $860.

Falling prices may find support around the 2020 high at $718. The long term support line is also at this levels.

Screenshot of Tesla Stock price - sideways above $850
Tesla Stock Price Forecast – $ 863.42

Last update: February 05, 2021

TESLA Stock Forecast (TSLA)- Moving sideways around $850

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover, currently at $850.

Falling prices may find support around the 2020 high at $718. The long term support line is also at this levels.

Screenshot of Tesla Stock price - sideways around $850
Tesla Stock Price Forecast – $ 849.99

Last update: February 04, 2021

TESLA Stock Forecast (TSLA)- Sideways trading range

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover, currently around $850.

Falling prices may find support around the 2020 high at $718. The long term support line is also approaching this area.

Screenshot of Tesla Stock price - sideways around $850
Tesla Stock Price Forecast – $ 854.69

Last update: February 03, 2021

TESLA Stock Forecast (TSLA)- Recovering after earnings report

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped to almost $780 after reporting fourth quarter 2020 earnings and was able to recover, now heading for 2021 high at $900.

Falling prices may find support around the 2020 high at $718. The long term support line is also approaching this area.

Screenshot of Tesla Stock price recovering from earnings drop
Tesla Stock Price Forecast – $ 872.79

Last update: January 29, 2021

TESLA Stock Forecast (TSLA)- Drop after earnings report

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

The price dropped about $30 after reporting fourth quarter 2020 earnings.

Falling prices may find support around the 2020 high at $718. The long term support line is also approaching this area.

Screenshot of Tesla Stock price dropping after earnings report
Tesla Stock Price Forecast – $ 864.16

Last update: January 28, 2021

TESLA Stock Forecast (TSLA)- Strong at high levels

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

Falling prices may find support around the 2020 high at $718. The long term support line is also approaching this area.

Screenshot of Tesla Stock price reaching long term diagonal resistance line
Tesla Stock Price Forecast – $ 864.16

Last update: January 27, 2021

TESLA Stock Forecast (TSLA)- Heading for possible $1000 Target?

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

Falling prices may find support around the 2020 high at $718. The long term support line is also approaching this area.

Screenshot of Tesla Stock price reaching long term diagonal resistance line
Tesla Stock Price Forecast – $ 883.09

Last update: January 26, 2021

TESLA Stock Forecast (TSLA)- Heading for possible $1000 Target?

Tesla Stock Forecast: The daily chart of Tesla Stock is showing upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

Falling prices may find support around the 2020 high at $720. The long term support line is also approaching this area.

Screenshot of Tesla Stock price reaching long term diagonal resistance line
Tesla Stock Price Forecast

Last update: January 23, 2021

TESLA Stock Forecast (TSLA)- Diagonal Resistance line is major resistance?

Tesla Stock Forecast: The daily chart of Tesla Stock shows upside potential until the long term diagonal resistance line. The psychologically important course mark at $1,000 may be a realistic goal, also for taking profits.

Falling prices may find support around the 2020 high at $720. The long term support line is also approaching this area.

Screenshot of Tesla Stock price reaching long term diagonal resistance line
Tesla Stock Price Forecast

Last update: December 19, 2020

Next price target $700?

Tesla stock price has reached again the long term diagonal resistance line. More price advance ahead?

Tesla stock price on daily chart is fighting with long term diagonal resistance line
Tesla Stock Forecast – Chart: TradingView

Last update: December 10, 2020

Long term resistance line was reached

Tesla stock price has reached the long term resistance line on December 7, 2010, as we can see on the daily chart with arithmetic price scale. On December 9, TSLA stock price bounced off and on December 10, the open gap from December 3 was closed.

Tesla Stock Forecast analysis based on daily chart
Tesla Stock Forecast – Chart: TradingView

Update: December 01, 2020

TESLA Stock Forecast – Daily Chart

Tesla Stock Forecast Daily chart approaching long term diagonal resistance line
Tesla Stock Forecast – Chart: TradingView

The daily chart of Tesla Stock shows only a little bit of upside potential until the long term diagonal resistance line.

TESLA Stock Forecast – Daily Chart with logarithmic scale

Tesla Stock Forecast - Daily chart with logarithmic scale approaching long term diagonal resistance line
Tesla Stock Forecast – Chart: TradingView

The daily chart with logarithmic scale of Tesla Stock shows a lot of upside potential until the long term diagonal resistance line.

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